Contract Rate : This can refer to "service contract" rates which are low, favorable rates fixed over an extended period of time in exchange for which the carrier receives a volume commitment from the shipper
Freight Solution Providers (FSP) HQ, a KLS Air Express, Inc. company (World Transportation Logistics), Logistics Glossary of Shipping Terms, Rancho Cordova, CA, USA 2012. http://www.shipfsp.com/about/shippingterms.html, (Log - Brit) {578}